Articles

 Third Party Tactices: Tips for Managing the Equifax Breach. Read More

Scammers Conning Homebuyers Out of Their Downpayments. Read More

 Mortgage Fraud is On The Rise and Here Is What It Means to You. Read More.

 Law Enforcement Officials See Increased Sophistication in Mortgage Fraud. Read More

 As Mortgages Shift to Purchase Market, So Do Fraud Schemes. Read More

 Coto De Caza man gets 8 years for $2 million home loan cam that target more than 500 people. Read More

 SEC says "first ever cryptocurrency backed by real estate" is a fraud. Read More

 Buzzworthy with Ann Fulmer: Risk Management, Borrower Liens and Judgments Read More

 HUD Must get Better at Stopping Section 8 Fraud Read More

  CitiMortgage, Inc., O’Fallon, MO, Improperly Filed for FHA-HAMP Partial Claims Before Completing the Loan Modifications and Reinstating the Loans Read More

 Former Tulsa Housing Authority executive pleads guilty to audit fraud charge. Read More

 Convicted ex-lender who defrauded taxpayers is skimping on victim payments while living large, feds say Read More.

 Rate Defects Up From Year Ago; Rising Rates Could Spell Further Increase. Read More

 Sounding the Alarm. Mortgage Wire Fraud is a much bigger threat than you realize. Read More

 Ex-Asbury Park Housing Authority Executive Director Admits to $90K Theft. Read More

 CoreLogic: Mortgage Credit Risk Up in 3Q Read More

 Former Falls Housing Director Admits Theft. Read More

 4 More Charged With Sandy Fraud. Read More

 

 

Credit And Fraud Risk Expected To Rise As Purchase Market Gains Steam

 As the mortgage market’s refinance volume declines, lenders likely will respond with more flexible underwriting standards as they seek to qualify borrowers for purchase loans, an action that may gradually increase credit risk. Read More

Gwinnett man is 22nd convicted for rigging bids at foreclosure auctions

 On the long list of those who profited from the misery of the Atlanta-area foreclosure crisis, you can add the name of Clifford Wayne Hill.

For more than four years, Hill, who conducted business through his company SalesForce Inc., conspired with others to rig foreclosure auctions in Gwinnett County, a federal indictment charged.

On Friday, Hill pleaded guilty to his role in the scheme, the Justice Department announced. He and fellow fraudsters submitted artificially low bids for the properties, depriving mortgage-holders and the home owners of money that might otherwise have gone to them, prosecutors said. Read More